Most affiliate programs being offered today are absolutely free of charge. So why opt for those that charge you some dollars before joining.
Some basic but significant question which must be clear to an affiliate are enlisted below:
• When do they issue the commission checks? Every program is not same. Some issue their checks once a month, every quarter, etc. Select the one that is suited to your payment time choice. Many affiliate programs are set a minimum earned commission amount that an affiliate must obtain or exceed to order for their checks to be issued.
• What is the hit per sale ratio? This is the average number of hits to a banner or text link it takes to generate a sale based on all affiliate statistics. This factor is extremely significant because this will tell how much traffic you must generate before you can earn a commission from the sale.
• How are referrals from an affiliate’s site tracked and for how long do they remain in the system? One should quite confident of the affiliate program to keep track of his referral. This is the only way by which one can credit for a sale. The period of time those referral stay in the system is also significant.
• What are the kinds of affiliate stats available? Your choice of affiliate program should be capable of offering comprehensive stats. Constantly checking your individual stats is important to know how many impressions, hits and sales are already generated from your site. They should be available online anytime you decide to check them out. Impressions are the number of times the banner or text link was viewed by a visitor of your site. A hit is the one clicking on the banner or text links.
• Does the affiliate program also pay for the hits and impressions besides the commissions on sales? It is important to know that impressions and hits are also paid, as this will add to the earnings you get from the sales commission. This is especially important if the program you are in offers low sales to be able to hit ratio.
• Who is the online retailer? The company you are working with should be well acquainted with. Products they are selling and the average amount they are achieving, should be known. The more is known about the retailer offering you the affiliate program, the easier it will be for you to know if that program is actually for you and your site.
• Is the affiliate a one tier or two tier program? A single tier program pays you only for the business you yourself have organized. A two tier program pays you for the business, plus it also pays you a commission on the on the sales generated by any affiliate you sponsor in your program –down line .
Lastly, what is the amount of commission paid? 5% - 20% is the commission paid by most programs. .01% - .05% is the amount paid for each hit. If you find a program that also pays for impressions, the amount paid is not much at all. As you can see from the figures, you will now understand why the average sales amount and hit to sale ratio is important.
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